Taking everything into account, ETHT scores 1 out of 10 in our technical rating. ETHT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
ETHT has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
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We found 3 important support areas.
- Support @37.09 from a trend line in the weekly time frame.
- Support @34.43 from a horizontal line in the weekly time frame.
- A support zone ranging from 33.44 to 33.67. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 38.07 to 38.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @39.78 from a trend line in the daily time frame.
- Resistance @85.32 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ETHT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ETHT is down. |
| ChartMill Relative Strength | 3.36 | NEGATIVE | ETHT has a low relative strength, it was outperformed by 96.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ETHT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ETHT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ETHT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.82 | NEUTRAL | The RSI value for ETHT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.56 | POSITIVE | The MACD value suggests ETHT has a positive trend. |
| Stochastics (14,3) | 18.12 | OVERSOLD | The low Stochastics value suggests ETHT may be oversold. |
| Average True Range in percent/ATR (20) | 13.45 | HIGH VOLATILITY | The high ATR as a percentage value for ETHT suggests high volalility. |
| Average Directional Index/ADX (14) | 27.37 | POSITIVE | The high ADX value value for ETHT suggests a strong trend. |
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-0.55 (-1.43%)
PROSHARES ULTRA ETHER ETF / ETHT FAQ
What is the ChartMill technical rating of PROSHARES ULTRA ETHER ETF (ETHT) stock?
ChartMill assigns a technical rating of 1 / 10 to ETHT.
What is the trend direction for ETHT stock?
The current trend direction for PROSHARES ULTRA ETHER ETF (ETHT) is Bearish.
Can you provide the RSI signal for PROSHARES ULTRA ETHER ETF?
PROSHARES ULTRA ETHER ETF (ETHT) has an RSI value of 42.8156. This indicates that the stock is currently neutral.
What is the MACD signal for PROSHARES ULTRA ETHER ETF (ETHT) stock?
The MACD indicator for PROSHARES ULTRA ETHER ETF (ETHT) has a value of 0.562951, indicating a bearish trend.
Can you provide the buy/sell signal for PROSHARES ULTRA ETHER ETF?
The buy/sell signal for PROSHARES ULTRA ETHER ETF (ETHT) is sell as both the short term and long term trends are negative.